Macro momentum & pandemic progress offset policy stumbles, real rate reversal risk, and the labor market recovery continues unabated Please listen to our podcast for a summary of the latest weekly note A Real (Rate) Shocker Figure 3: The rate of change matters, as balance sheet expansion slows the risks of a policy normalization shock will increase.
Podcast: A Real (Rate) Shocker
Podcast: A Real (Rate) Shocker
Podcast: A Real (Rate) Shocker
Macro momentum & pandemic progress offset policy stumbles, real rate reversal risk, and the labor market recovery continues unabated Please listen to our podcast for a summary of the latest weekly note A Real (Rate) Shocker Figure 3: The rate of change matters, as balance sheet expansion slows the risks of a policy normalization shock will increase.